Central banks pause, inflation stays hot, tech sells off and gold breaks below $4,000
ECB at 2.50% and Fed at 3.75–4.00% both held; eurozone inflation 3.8% with Italy at 5.4%; DAX +2.5% on the week to 25,818 while US tech fell on earnings; Brent above $113; gold below $4,000 for the first time since November 2025; Bitcoin near $77,000. Plus the calendar for 2–6 November: US midterms, eurozone flash inflation, Bank of England and US payrolls.
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